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Pay Attention To Condition Of Stored Corn

By Charles Hurburgh
 
Quality of stored grain must be maintained through the entire summer period, until stocks can be rotated in the fall. Summer storage is challenging because warm temperatures and high relative humidities put even dry grain at risk for mold and insect activity. Relative humidities in the last two weeks have been very high.
 
The chart below explains why summer aeration can create either continued mold growth  or excessive moisture shrink (below 14% moisture corn; 12% moisture soybeans). The horizontal lines are the market standard moistures for corn and soybeans (15% and 13% respectively).
 
 
 
 
Aeration in the fall is not likely to create overdry grain. Market moisture grain is not likely to spoil if steady fall conditions are maintained. However, in summer, even dry grain can spoil. Aeration in summer creates further drying and moisture shrink, and if the humidity is high, spoilage will continue. 
 
Wet grain in storage now has probably used up its shelf life.  It should be marketed quickly. Elevators and processors report that average condition of inbound corn is declining; there are still almost two warm weather months remaining to reach the 2015 crop.
 

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USDA Feb Crop Report a WIN for Soybeans + 1 Year Trade Truce Extension

Video: USDA Feb Crop Report a WIN for Soybeans + 1 Year Trade Truce Extension


USDA took Trumps comments that China would buy more U.S. soybeans seriously and headline news that the U.S./China trade truce would be extended when Trump/Xi meet in the first week of April was a BIG WIN for soybeans this week! 2026 “Mini” U.S. ethanol boom thanks to 45Z + China’s ban of phosphates from Feb. – August of 2026 will not help lower fertilizer prices anytime soon! 30 mmt of Chinese corn harvest is of poor quality and maybe a technical breakout in wheat futures.

*Apologies! Where we talk about the latest CFTC update as of 10th Feb 2026, managed money funds covered their net short position in canola to the tune of +42,746 week-on-week to flip to net long 145 contracts and not (as we mistakenly said) +90,009 wk/wk to 47,408.